Seeka lifts 1H net profit but downbeat about full year

Seeka's CEO says "it's a tough gig at the moment". (Image: Unsplash)

Thu, 18 Aug 2022

Seeka, New Zealand’s largest kiwifruit grower, reported a 4.3% lift in net profit for the six months to June 30 despite covid-19, labour shortages and adverse weather among other challenges.“It’s a tough gig at the moment. Honestly, it is, but we are working our way through it,” said chief executive Michael Franks.The company said in a release that it “has hunkered down, toughed it out and focused on the immediate job of optimising its operations and results in a volatile environment with significant inflationary p...

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